A Sector Prioritization Index with Carbon Emission Intensity Considerations

Authors

Krista Danielle S. Yu, De La Salle University, Manila, PhilippinesFollow
Christine Alyssa P. Solis, De La Salle University, Manila, Philippines
Viknesh Andiappan, Swinburne University of Technology, Sarawak, Malaysia & Heriot-Watt University Malaysia, Putrajaya, Malaysia

JEL Classification System

C67, Q56

Abstract

Globalization has influenced the production processes. The varying degree of regulation on carbon emissions has caused some economies to continue with their production practices which can cause them to miss their commitments to international organizations. Previous literature has developed prioritization and vulnerability indices for sectors that account for the socioeconomic metrics, but they were unable to integrate the environmental effects that sectors generate. This study proposed a sector prioritization index with carbon emission intensity considerations to include the environmental effects based on a

multiregional input-output model. The results show that electricity sectors, services sectors, transport sectors, and energy- intensive industries in selected regions are among the sectors that should be prioritized after considering economic impact,

economic distance, sector size, and carbon emission intensity. The sector prioritization index developed in this paper can be used for climate financing and green recovery.

Recommended Citation

Yu, Krista Danielle S.; Solis, Christine Alyssa P.; and Andiappan, Viknesh (2023) "A Sector Prioritization Index with Carbon Emission Intensity Considerations," DLSU Business & Economics Review: Vol. 32: No. 2, Article 5.
DOI: https://doi.org/10.59588/2243-786X.1157
Available at: https://animorepository.dlsu.edu.ph/ber/vol32/iss2/5